A collection of Penfolds Grange spanning from its inaugural 1951 vintage to 2015 vintage was sold for a record price of AU$431,000 to an anonymous buyer in Sydney, smashing its previous record from last year. Read More
Penfolds
Treasury Wine Estates has announced today that it will pivot towards other luxury markets to offset its loss in China and hints at opening a new production base in the country. Read More
China has announced today that it will slap up to 212% temporary anti-dumping tariff on Australian wine exports starting from this Saturday. See the full list of tariffs levied on each Australian company here. Read More
Australian wine giant Treasury Wine Estates has officially halted its plan to demerge its most popular wine brand, Penfolds, as its biggest export market China mounts tariff threats and wine ban. Read More
In this explainer, we laid out all the facts surrounding China's shocking ban on Australian wine imports, as well as reactions from Australian, Chinese governments, importers, logistics companies and wineries. Read More
Australia's mining magnate, Andrew Forrest, is eyeing to buy the iconic Australian wine brand Penfolds, after its parent company Treasury Wine Estates floated the idea of demerging the brand earlier this year. Read More
Led by 2016 Penfolds Grange and a superlative g4, Penfolds, the flagship wine brand under Treasury Wine Estates, has officially unveiled the new 2020 collection in Hong Kong. Read More
What's really behind China's anti-dumping probe into Australian wine? Political and economic retaliation or much more? Read More
Australia's biggest wine company, Treasury Wine Estates, has issued a profit warning as much as 20% for its core earnings for fiscal year 2020 and withheld guidance for 2021 due to the coronavirus pandemic. Read More
A wine merchant in Central China’s Jiangxi province has been sentenced to one year in jail for selling fake Penfolds, the popular wine brand that has become a household name in China. Read More